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Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?


To: Covenant who wrote (679)4/28/2012 12:19:17 PM
From: grahamcracker1 Recommendation  Read Replies (1) | Respond to of 1876
 
SLIGHTLY OT: This is why this board is becoming really useful.......


.......and deserves a rising rating.

WWE is something I would never think of and I like it. Relatively strong financials. McMahon is one of those marketing geniuses who has a strong vision for their business. His customers love him - he knows what they want (crave might be an even better word) and he delivers.

The price is still too high but the technicals appear to be poor (i dunno techies - YOU tell ME) and as technicals deteriorate, fundamental ratios and measurements for a company like this typicall improve. As the techies become ever more interested in selling, I become ever more interested in buying (and I know the opposite is true from their perspective - this isn't about who's "right", it's about how markets are made).

Thanks!! This goes right on the watch list.